Natural resins exports from Nigeria: data, top buyers and prices
Exports of natural resins by Nigeria reached $4.6 million in 2024 (1.8 thousand tonnes). Value rose 24% on 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.6M | 1.8K t |
| 2023 | $3.7M | 2.4K t |
| 2022 | $5.1M | 2.5K t |
| 2021 | $3.6M | 2.0K t |
| 2020 | $2.1M | 1.5K t |
| 2019 | $2.8M | 1.7K t |
| 2018 | $3.8M | 2.9K t |
| 2017 | $2.3M | 1.7K t |
Where Nigeria exports natural resins to
One buyer market dominates: Germany accounted for 56% of the value. Among the main buyer markets, Pakistan grew fastest (+104% on the year before).
| Destination | Value | Share |
|---|---|---|
| Germany | $2.6M | 56% |
| Pakistan | $499K | 11% |
| Saudi Arabia | $411K | 9% |
| France | $290K | 6.3% |
| United Kingdom | $121K | 2.7% |
| United States | $108K | 2.4% |
| India | $97K | 2.1% |
| Turkey | $93K | 2% |
| Slovakia | $83K | 1.8% |
| Morocco | $77K | 1.7% |
Product types under HS 1301
| 1301.20 | Gum Arabic | 84% |
| 1301.90 | Natural gums and resins | 16% |
Codes and full descriptions: HS heading 1301.
Average export price per kg
The average declared value was about $2.52 per kg, 23% below the world average of $3.26, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Natural resins imports to Nigeria
Imports of natural resins by Nigeria reached $512 thousand in 2024 (152 tonnes). Most of the value came from India (34%), South Africa (29%), Kenya (16%). Among the main suppliers, South Africa grew fastest (+784% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| India | $173K | 34% |
| South Africa | $151K | 29% |
| Kenya | $82K | 16% |
| China | $51K | 9.9% |
| Saudi Arabia | $45K | 8.7% |
| Indonesia | $7K | 1.4% |
| Germany | $3K | 0.6% |
| Lebanon | $1K | 0.2% |
| United Kingdom | $0K | 0% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria natural resins exports (HS 1301): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1301: Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams).
Common questions
What is the value of natural resins exported by Nigeria?
Nigeria exported natural resins worth $4.6 million in 2024, the latest year with complete public data, about 1.8 thousand tonnes. That ranks it 26th of 140 countries worldwide, with 0% of world exports. The value was up 24% on 2023.
Which countries buy natural resins from Nigeria?
Germany was the largest buyer with 56% of the value ($2.6 million), followed by Pakistan (11%) and Saudi Arabia (9%). The top three together account for 76%, out of 27 buyer countries in total. Turkey grew fastest among the top ten, up 700% on the year.
What is the average export price of natural resins per kg?
The average declared export value was about $2.52 per kg in 2024, 23% below the world average of $3.26 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of natural resins from Nigeria changed since 2017?
Exports went from $2.3 million in 2017 to $4.6 million in 2024, an increase of 101%. The peak was 2022 at $5.1 million. Over 8 years the average was $3.5 million a year.
Does Nigeria also import natural resins?
Yes. Nigeria imported $512 thousand worth of this product in 2024, mainly from India, South Africa and Kenya. On balance Nigeria is a net exporter of this product, by about $4.1 million a year.
What is the HS code for natural resins?
The HS code for natural resins is heading 1301. In Nigeria the largest six-digit codes were 1301.20 (84% of the value) and 1301.90 (16%).
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Nigeria, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
Natural resins product types in Nigeria
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